STRONG FIRST QUARTER OF 2026 WITH SIGNIFICANT INCREASE IN EARNINGS

  • Encouraging performance across all operating divisions of the AMAG Group, with a positive contribution to earnings from the Canadian aluminium smelter interest Alouette
  • Significant improvement in earnings achieved alongside a slight increase in revenue of +0.6% to EUR 403.8 million (Q1/2025: EUR 401.4 million)
  • EBITDA increased to EUR 57.1 million (+23.9% compared to a strong Q1/2025: EUR 46.1 million)
  • Net income after taxes rose to EUR 26.5 million (+63.8% compared to Q1/2025: EUR 16.2 million)
  • Operating cash flow of EUR -8.4 million especially reflects a volume- and price-related increase in working capital (Q1/2025: EUR 51.1 million)
  • Outlook for 2026: Positive development compared with the previous year anticipated across all AMAG divisions. EBITDA range of EUR 150 million to EUR 180 million for the full year 2026

AMAG AND PILATUS STRENGTHEN PARTNERSHIP WITH NEW MULTI-YEAR AGREEMENT

AMAG Austria Metall AG and Pilatus Flugzeugwerke AG are taking their partnership, which has grown over more than a decade, to a new level with the conclusion of a new multi-year agreement. The agreement strengthens the long-term cooperation between the two companies and lays the foundation for an expanded use of AMAG products across various Pilatus programs.

AMAG AUSTRIA METALL AG DECIDES ON CEO SUCCESSION

  • CEO Hon.-Prof. Priv.-Doz. Dr. Helmut Kaufmann (63) to step down from the Management Board after nearly 19 years, effective 30 April 2026. 
  • New CEO: Current Chief Sales Officer Victor Breguncci (51), MBA, will assume the position of Chief Executive Officer, effective 1 May 2026. 
  • CFO Mag. Claudia Trampitsch (48) has been reappointed as Chief Financial Officer ahead of schedule for another three years, effective 1 January 2027 
  • AMAG manager Dr. Alexander Moser‑Parapatits (40), currently Head of “Strategy & Corporate Development”, will be newly appointed to the Management Board as Chief Strategy & Innovation Officer (CSIO), effective 1 May 2026. 

STRONG OPERATING PERFORMANCE ENABLED SOLID BUSINESS PERFORMANCE IN 2025

  • Operational strength, consistent cost management and tailwinds from the Canadian aluminium smelter interest supported revenue and earnings trends
  • Revenues grew by +2.1% to EUR 1,478.5 million (2024: EUR 1,448.8 million)
  • EBITDA at EUR 137.0 million – despite challenging conditions, especially for the Ranshofen site (-23.5% compared to 2024: EUR 179.2 million)
  • Net income after taxes of EUR 34.0 million (-21.3% compared to 2024: EUR 43.2 million), earnings per share at EUR 0.96 (2024: EUR 1.23)
  • Operating cash flow recorded growth of +41.3% to EUR 168.1 million and free cash flow grew +262.5% to EUR 115.3 million (2024: EUR 119.0 million and EUR 31.8 million respectively)
  • Dividend proposal of EUR 0.75 per share (2024: EUR 1.20 per share)
  • Outlook for 2026: Specific EBITDA forecast for 2026 currently not possible; positive signals visible in the market

AMAG RECEIVES €75 MILLION EIB LOAN FOR CUTTING-EDGE RESEARCH AND DEVELOPMENT

  • EIB provides €75 million loan to Austrian aluminium producer AMAG for research, digital and green advances
  • Credit represents first EIB operation in Austria under TechEU programme
  • Financing to strengthen Europe’s industrial base and supply of critical raw materials